Posted inAT Finance, Australia, China, Hong Kong, Japan, New Zealand, Northeast Asia, Oceania, Singapore, World

High prices strike home for Hong Kong flat buyers

An average Hong Kong family will need to save their entire income for 19.4 years before they can buy their own home at current prices, and they will still only be able to afford a tiny 130-square-feet apartment. So it is little surprise that the city has again been ranked the least affordable city in the world for […]